RBI Imposes Constraints on Lakshmi Vilas Bank Amid Police Probe

The RBI had initiated a so-called 'prompt corrective action' due to the high level of bad loans on Lakshmi Vilas' books, the lack of sufficient capital to manage risks and a negative return on assets for two years.

from Top Business News- News18.com https://ift.tt/2mnVGQy

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